Quarterly report pursuant to Section 13 or 15(d)

Other Operating Expenses (Tables)

v2.4.0.8
Other Operating Expenses (Tables)
 6 Months Ended
Jun. 30, 2013
Operating Expenses [Abstract]  
Schedule of Other Operating Cost and Expense, by Component [Table Text Block]
Components of the Company's other operating expenses for the three and six months ended June 30, 2013 and 2012, are presented in the following table:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in thousands)
2013
 
2012
 
2013
 
2012
Other operating expenses:
 
 
 
 
 
 
 
General and administrative
$
7,603

 
$
3,311

 
$
12,315

 
$
6,372

Directors and officers' insurance
201

 
175

 
402

 
289

Professional fees
1,375

 
433

 
3,023

 
809

Subservicing expenses
307

 
—

 
307

 
—

Total other operating expenses
$
9,486

 
$
3,919

 
$
16,047

 
$
7,470